but a recent studyf all nine post-worldar ii recessions by barclaysapital, says this thinki may be wrong. according to thetudy, in the firsyear of recovery net new borrowing almost alws lags the economy. the study also points out th, storically, borrowing by householdsnd corporations always falls in the firsyear of recery, which is precisely what is happeng today. >> as yove pointed out, the supply of cred is certainly falling, a that's typical of how most recessionunfold, but there are two sides to the credit cn. availability ocredit on the one side, demand f credit on e other. dung prior recessions, credit availabity was a short-term prlem, largely because the undeying demand for it was still present. no however, both availability and demand for credit are declining. that's key, beuse credit demand is the side of the in the feral reserve cannot control. a central bank canake credit ailable, but there must be demand for it or it's li throwing aarty where no one shows up. >> susie: more now, on o top stor unemployment. as more people fd themselves lookinfor work, many are attending job f